insolvent

insolvent

CEFR: C1-C2 /in-sol-vent/ [ih2.n.s.aa1.l.v.ah0.n.t]

Definition: Unable to pay debts owed:

Example Sentences:
China's banks are technically insolvent, with bad debts making up 45% of their loans, according to Standard & Poor's.
If the employer is insolvent and unable to restore the funds the pension scheme will be able to claim compensation.